The model is estimated in error correction form by using Dutch data. We find that approximately 50 percent of disability benefits in The Netherlands is due to improper use. The partial framework is linked to an applied general equilibrium model for the Dutch economy, labeled MIMIC. Accordingly, ...
The model yields an elasticity of unemployment to benefits of 1.0, which is high compared to microeconomic research and the outcomes of disequilibrium models for The Netherlands. According to the model, a rise in the 'wedge' (i.e. the difference betweenn real labour cost and real net wages)...
Thus, also the effect of high minimum wage rates on employment through labour supply is taken into account. Supply appears to be forward bending and participation is insensitive with respect to unemployment benefits. Simulations suggest that the effect of lowering the ‘productivity threshold’ by ...
Book Review:Unemployment Benefits in the United States: The Plans and Their Setting Bryce M. Stewart E Berman 被引量: 0发表: 1931年 The Effects of Monetary Policy on Unemployment Dynamics under Model Uncertainty: Evidence from the United States and the Euro Area This paper explores the role ...
Türkiye10.91810.90713.73113.14711.9610.4669.3889.6 Taiwan3.763.713.733.853.953.673.673.67 Thailand1.21.111.71.91.31.21.1 The Bahamas10.110.3510.126.21817.64610.8148.798.79 Tunisia15.51315.5314.88917.416.215.216.4n/a Ukraine9.6598.59.159.83524.52819.07214.514 ...
We study how changes in the maximum benefit duration affect the inflow into unemployment in the Netherlands. Until August 2003, workers who became unemployed after age 57.5 were entitled to unemployment benefits until the age of 65, after which they would receive old age pensions. This characterist...
As of 2024, the OECD has 38 member countries plus several accession candidates. OECD Countries by Unemployment Support Luxembourgtops the rankings of OECD countries by unemployment benefits. Workers in the country can receive 87% of their previous employed income for up to a full year out of wor...
secondary employment and in continental Europe vs. Anglo-Saxon countries. Introduction The conventional wisdom in economic theory is that the generosity of unemployment insurance (UI) benefits has strong positive effects on unemployment rates. This is the prediction of most theoretical models of the ...
Self employed people can join the U.B. schemes in the 3 Scandinavian countries. All the U.B. schemes have working or contribution conditions to be met by the members in order to obtain eligibility for benefits. These conditions are relatively tight in the Netherlands, France and Sweden and ...
So what happened during the pandemic? Did extra-generous unemployment benefits discourage people from finding jobs? According tonew researchfrom Michael R. Strain, R. Glenn Hubbard, and, Harry Holzer, the answer is yes. Here are are the issues they sought to address in their study, which was...